One Dollar

Morgan Dollar

United States · 1921

The obverse features a left-facing profile portrait of Lady Liberty, often referred to as the 'Morgan Head', wearing a Phrygian cap adorned with wheat and cotton, with the inscription 'E PLURIBUS UNUM' above and the year '1921' below. Stars encircle the rim.

Country: United States
Year: 1921
Denomination: One Dollar
Metal: 90% Silver, 10% Copper

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Identified October 24, 2025More united states coins →

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Overview

Historical significance

The Morgan Dollar series ran from 1878 to 1904 and then had a final comeback in 1921. It's one of the most popular and collected U.S. coins. The 1921 issue is particularly notable as it was the last year of the Morgan Dollar's production before being replaced by the Peace Dollar later the same year. Its production was revived due to the Pittman Act of 1918, which required the melting and recoining of a large number of silver dollars.

Estimated value

The value of a 1921 Morgan Dollar varies significantly based on its condition (grade) and mint mark. Common examples in good condition might be worth around $25-$50, while uncirculated specimens can fetch $50-$200 or much more for premium grades or rare mint marks (e.g., San Francisco mint coins, 'S', are often more valuable).

Care & preservation

Handle the coin by its edges to avoid transferring oils from your skin, which can cause discoloration. Store in a cool, dry place within an inert holder, such as a non-PVC flip, slab, or coin album, to protect it from environmental damage. Avoid cleaning the coin, as this can severely decrease its numismatic value.